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How to Keep Innovating in an Economic Downturn

Innov8rs

As McKinsey points out , organizations that focused on innovation even during the 2009 crisis, outperformed the market average by 30% and their growth continued to accelerate the following years as well. Maybe now it’s the time to discover collaboration opportunities that were not possible before.

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COVID-19: Business R&D Spending Will Fall by at Least 5-6%

Commodore Innovation

As individuals we are grappling with the fear, disruption and uncertainty brought about by COVID-19. Innovation teams are not, of course, immune to this disruption. That might be in relatively small ways like sharing and disseminating knowledge about tools and behaviors that enhance virtual / remote collaboration.

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Qmarkets & Amer Sports – An Innovative Partnership that Created Unprecedented Employee Engagement

Qmarkets

Amer’s R&D team grew from 487 people at the close of 2009 to 802 people at the close of 2016 – amounting to 9% of all employees and 9.5% An incredible 50% of all Amer employees and 30% of factory workers have already collaborated to take the company further. What were the Innovation Challenges Facing Amer Sports?

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Report Highlights Increased Open Innovation Activity

IdeaConnection

That’s one of the conclusions of the 2016 State of Innovation Report: Disruptive, Game-Changing Innovation by the Intellectual Property & Science business of Thomson Reuters. percent in 2015, driving the overall growth rate for patents to over 100 percent since the State of Innovation study was launched in 2009.

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Typology for Innovative Organizations

Open Innovation EU

New generations, societal change, sustainable goals and disruptive technology require organizations to be much more flexible, self-reinventing organisms that don’t fit above-mentioned design principles. Collaborative innovation: Creating opportunities in a changing world. Socio-economic Relevance. competing values framework.

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Learning 5 Innovation Strategy Lessons as an Entrepreneur

BrainZooming

Given that, moving to an entrepreneurial environment in 2009 was new territory when it came to learning innovation strategy lessons. The size and scale of opportunities you pursue, even in a company that was not always all that innovative, oriented me to think a big team and significant dollars are vital for real innovation.

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Proven Social Strategy to Accelerate the Inventive Process

Daniel Burrus

But while we’re seeing more creativity and inventiveness, how much of this technological development is disruptive rather than simple tweaks to existing innovations already embedded within mainstream society? Freelancer.com, the crowdsourcing platform NASA is using for its contests, has been around since 2009.